Vale - statistics & facts

Headquartered in Rio de Janeiro, Vale is one of the world’s largest mining companies, present in approximately 30 countries around the world. The Brazilian multinational corporation specializes in the mining and production of commodities such as nickel, coal, copper, iron ore and pellets, and manganese and ferro-alloys. The company is also engaged in steelmaking, logistics, and energy production. Vale's net income amounted to 4.53 billion U.S. dollars in 2020.

A brief history of Companhia Vale do Rio Doce

Vale was founded as Companhia Vale do Rio Doce (CVRD) in 1942. Since the 1950s, the company expanded into the global market of iron ore, with its first sales taking place within the United States, while exports to Europe increased throughout that decade. In time, Vale diversified their mining portfolio and went through a series of mergers and acquisitions. In 2007, the company rebranded and simplified their previously used longer name of CVRD to Vale.

Vale's financial standing

Today, the company is one of the most valuable brands in the mining industry, with a brand value of nearly 2.6 billion U.S. dollars as of 2020. It has operations spread across five continents, with administrative offices and operational units connected by advanced transportation and logistics systems. In 2019, Vale’s total workforce amounted to approximately 74,316 employees. In the same year, the company generated a revenue of roughly 40 billion U.S. dollars. The largest share of Vale’s segmental revenue by far came from its ferrous minerals segment , whereas China was the region with the highest profit.

Vale's main commodities

Focused on the extraction of minerals, Vale is the world’s largest producer of iron ore and pellets, as well as nickel, producing 300 million metric tons and 215 million metric tons, respectively in 2020.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Statista Research Department, Feb 28, 2024

Key insights

Vale's revenue
41.8bn USD
Vale's highest earning region
China
Vale's highest earning segment
Iron Solutions
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Current statistics on this topic

Revenue of Vale S.A. from 2010 to 2023 (in million U.S. dollars)

Mining, Metals & Minerals

Vale's revenue 2010-2023

Net operating revenue of Vale S.A. in 2023, by segment (in million U.S. dollars)

Mining, Metals & Minerals

Vale's net operating revenue 2023, by segment

Nickel production of Vale S.A. from 2010 to 2023 (in 1,000 metric tons)

Base Metals

Vale's nickel production 2010-2023

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Overview

4

Overview

Financials

6

Financials

Segments

7

Segments

Competitors

6

Competitors

Emissions

3

Emissions

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